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PPP Loan Data — Ahtna Construction & Primary Products Company, LLC, Anchorage, AK

SBA PPP loan data, payroll data, and salaries for Ahtna Construction & Primary Products Company, LLC
AK

Ahtna Construction & Primary Products Company, LLC

Entity: Not Reported

Industry: Highway, Street, and Bridge Construction

Location: Anchorage, AK

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Ahtna Construction & Primary Products Company, LLC is a located at 110 W 38th Ave Ste 100 in Anchorage, Alaska that received a Coronavirus-related PPP loan from the SBA of $2,755,587.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$2.76M

Jobs Retained:

135

Loan Approved:

2020-05-01

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

Ahtna Construction & Primary Products Company, LLC in Anchorage, AK received a Paycheck Protection Loan of $2.76M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Ahtna Construction & Primary Products Company, LLC's total 2019 payroll expenses were approximately $13.23M in order to qualify for the PPP loan amount received.

Based on their reported 135 jobs retained, this equals an estimated average yearly compensation of $97,976 per employee1.

Because the loan received by Ahtna Construction & Primary Products Company, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Ahtna Construction & Primary Products Company, LLC in Anchorage, AK

Ahtna Construction & Primary Products Company, LLC
110 W 38th Ave Ste 100
Anchorage, AK 99503

Business Industry

Highway, Street, and Bridge Construction (NAICS code 237310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AK-

Similar Companies near Anchorage

In the Anchorage area, 4 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 76 employees (compared to this company's 135) and received an average PPP loan of $960,094 (compared to this company's $2.76M).

Industry PPP Comparison Statistics

Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 26 employees, 81% lower than Ahtna Construction & Primary Products Company, LLC's reported 135 employees, and received an average PPP loan of $405,656, 85% lower than this company's loan of $2.76M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ahtna-construction-and-primary-products-company-llc-anchorage-ak